BRENCO
ActiveSummary
BRENCO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €-839. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-6
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 70.32 against 30.0 in 2024; short-term debt: 1.3% and cash: 70.1% of total assets), and 1.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
50 d late
2023
58 d late
2022
39 d early
2021
78 d late
2020
37 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€166k▼ 0.5%
2024 · €167k
2018: €110k
2019: €110k
2020: €111k
2021: €131k
2022: €144k
2023: €160k
2024: €167k
2018 → 2025
Total assets
€168k▼ 2.2%
2024 · €172k
2018: €181k
2019: €174k
2020: €143k
2021: €141k
2022: €153k
2023: €176k
2024: €172k
2018 → 2025
Net result
€-839
2024 · €7k
2018: €6k
2019: €704
2020: €431
2021: €20k
2022: €13k
2023: €16k
2024: €7k
2018 → 2025
Working capital
€153k▲ 3.5%
2024 · €148k
2018: €99k
2019: €109k
2020: €110k
2021: €131k
2022: €142k
2023: €142k
2024: €148k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€131k-€144k▲ 10.2%€160k▲ 10.9%€167k▲ 4.5%€166k▼ 0.5%
Operating result€28k-€18k▼ 33.4%€23k▲ 25.4%€10k▼ 54.8%€-928
Net result€20k-€13k▼ 33.2%€16k▲ 17.3%€7k▼ 54.2%€-839
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €928 after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€13k ▼ 31.1%
Current assets
€155k ▲ 1.5%
Equity and liabilities €168k
Equity
€166k ▼ 0.5%
Debt
€2k ▼ 56.7%
Debt's share of the balance-sheet total falls from 3.0% to 1.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €16k
Cash flow
€5k▼
2024 · €13k
Current ratio
70.32▲
2024 · 30.00
Quick ratio
65.75▲
2024 · 26.74
Debt to equity
0.01▼
2024 · 0.03
ROE
-0.5%▼
2024 · 4.3%
ROA
-0.5%▼
2024 · 4.2%
Interest coverage
96.70▼
2024 · 180.80
Debt ≤ 1 year
€2k▼
2024 · €5k
Income taxes
€136▼
2024 · €6k
Staff costs
€151k▼
2024 · €153k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€172k€168k▼
Fixed assets21/28€19k€13k▼
Tangible fixed assets22/27€19k€13k▼
Plant, machinery and equipment23€1k€800▼
Furniture and vehicles24€18k€12k▼
Financial fixed assets28€225€225=
Current assets29/58€153k€155k▲
Stocks and contracts in progress3€17k€10k▼
Stocks30/36€17k€10k▼
Amounts receivable within one year40/41€118k€23k▼
Trade receivables40€40k€19k▼
Other amounts receivable41€78k€5k▼
Cash at bank and in hand54/58€9k€118k▲
Deferred charges and accrued income490/1€10k€4k▼
Equity and liabilities
Total equity and liabilities10/49€172k€168k▼
Equity10/15€167k€166k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€62k€62k=
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€86k€86k▼
Amounts payable17/49€5k€2k▼
Amounts payable within one year42/48€5k€2k▼
Trade debts44€3k€376▼
Suppliers440/4€3k€376▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€334-
Remuneration, social security and pensions62€153k€151k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€117
Other operating charges640/8€11k€6k▼
Gross operating margin9900€180k€162k▼
Operating profit (loss)9901€10k€-928▼
Financial income75/76B€3k€278▼
Recurring financial income75€3k€278▼
Financial charges65/66B€91€53▼
Recurring financial charges65€91€53▼
Profit (loss) for the period before taxes9903€13k€-703▼
Income taxes67/77€6k€136▼
Profit (loss) for the period9904€7k€-839▼
Profit (loss) for the period to be appropriated9905€7k€-839▼
Appropriation of the result
Profit (loss) to be appropriated9906€86k€86k▼
Profit (loss) brought forward from the previous period14P€79k€86k▲
Social balance
Average headcount (FTE)90872.4-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-839 ▼112%
Net result drops to €-839, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 70.32
Current ratio from 30.00 to 70.32; short-term debt falls from €5k to €2k.
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 50 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 30.00
Current ratio from 9.90 to 30.00; short-term debt falls from €16k to €5k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
31-12
Financial
Equity above €150kEq €160k ▲10.9%
6 profitable years in a row build equity to €160k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
31-12
Financial
Highest result since 2018net €20k ▲4546%
Operating result €28k, net result €20k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 13.76
Current ratio from 4.44 to 13.76; short-term debt falls from €32k to €10k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vooruitgangstraat 3231030 SchaarbeekGround area
1,633 m²
Building footprint
1,571 m²
Volume, LiDAR
13,278 m³
Parcel 21910E0038/00B009, Brussels · tallest building 17.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRENCO
since 19952.069.946.445
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0038/00B009 | Brussels | 1,633 m² | 1 · 1,570 m² | 17.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Notavitis
BE 0866.128.737
Enghien · Eq €166,265
P2CS
BE 0633.776.422
Opwijk · Eq €166,280
VDS Group
BE 0847.321.625
Brussel · Eq €166,292
BL6
BE 1005.614.935
Zaventem · Eq €166,248
KRESTHO
BE 0886.665.122
Herk-de-Stad · Eq €166,245
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.